M&A news sponsored by Playtech

 

Following the successful licensing of its Playscan player protection tool to La Française des Jeux last week, Sweden's Svenska Spel is to acquire the remaining rights and assets relating to the technology through the acquisition of Playscan AB.

Australia's Tatts Group has seen off competition from both domestic and international gaming operators in a competitive bid to acquire New South Wales Lotteries, securing the acquisition and an exclusive 40-year licence to operate lotteries in the state.

Strengthening its position in the Scandinavian gaming market, Cherryföretagen, the Swedish gaming operator formerly consisting of Cherry, Betsson and Net Entertainment, has announced the acquisition of Malta-based COYS Ltd, owner of several online gaming brands including NorgesAutomaten, SverigeAutomaten and DanmarksAutomaten.

Two of South Africa's leading gaming operators, Gold Reef Resorts Limited and SABMiller owned Tsogo Sun Holdings Limited have announced the merger of their businesses, creating South Africa's largest gaming company with an expected market capitalisation of US$2.7 billion.

Gaming software provider Playtech Limited has acquired a 10% stake in football pools operator Sportech plc following Sportech's acquisition today of Scientific Games Racing.

Securing its position as the leading online gaming software supplier across all key product groups, Playtech Limited said Monday that it has agreed a £36 million takeover of leading online bingo software provider Virtue Fusion.

UK football pools operator Sportech plc is looking to dominate the international pools betting market with its announced acquisition today of Scientific Games Racing (SGR), a leading U.S provider of pari-mutuel wagering services and systems, for a total consideration of up to US$83 million.

Further to the company's acquisition last month of Nedplay, 32Red has this morning confirmed it has acquired the business assets of Golden Lounge, the online casino brand licensed in Kahnawake and powered by Microgaming.

Building on its online casinos porfolio, 32Red plc has announced the acquisition of Microgaming-powered casino Nedplay.eu, with the AIM-listed online gaming operator taking over Nedplay's player database, Internet domains and intellectual property.

Increasing its investment in the Australian betting market, Irish bookmaker Paddy Power plc said Friday that it has increased its shareholding in Sportsbet Pty Ltd to 60.8% through the buyout of a minority shareholder for a cash consideration of AUD$13.0 million (approximately €8.5 million).

Having announced its withdrawal from the Spanish retail betting market last May, William Hill plc has finally completed the sale of its joint venture in Spain, with Codere S.A purchasing the company's 50% stake in Victoria Apuestas for a nominal €1.